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Topical Terminology > Principal



27 Definitions

Principal

For Principal we have terms and definitions in 27 topics. The topics are Accounting, Accounting Terms, Advertising, Auto Loan, Business, Canadian Law, College Financial Aid, Construction, Credit Cards, Dairy Production, Debt Consolidation, Ethics, Finance, Frauds and Scams, Fundraising, Home Equity, Housing, International Economics, Java, Legal Ethics, Mortgage, Purchasing A Home, Real Estate, Real Estate Appraisal, Refinance, Securities and Tax.



Principal (Accounting)

is: a. a person who has controlling authority (e.g. the CEO or owner of a company) or is in a leading position (part owners of a legal entity); orb. a matter or thing of primary importancee.g. is the amount of a loanexcluding interestor the amount you investexcluding income.


Principal (Accounting Terms)

Face amount of a SECURITY, exclusive of any PREMIUM or INTEREST. The basis for INTEREST computations.


Principal (Advertising)

A performer in a commercial who can be recognized or identified, including but not limited to those performing speaking parts.


Principal (Auto Loan)

The


Principal (Business)

The amount of money borrowed in a debt agreement and the amount upon which interest is calculated.


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Principal (Canadian Law)

An agent's master; the person for whom an agent has received instruction and to whose benefit the agent is expected to perform and make decisions.


Principal (College Financial Aid)

The total sum of money borrowed. Loan principal includes the original amount borrowed plus any interest that has been added to the loan.


Principal (Construction)

The original amount of the loan, the capital.


Principal (Credit Cards)

The


Principal (Dairy Production)

The lump sum of money borrowed. The amount of debt on which interest is computed.


Principal (Debt Consolidation)

The amount of debt, not counting interest, left on a loan.


Principal (Ethics)

A principal in an engineering firm (or other company) is a co-owner, that is, a partner or stock holder.


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Principal (Finance)

(1) The total amount of money being borrowed or lent. (2) The party affected by agent decisions in a principal-agent relationship.


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Principal (Frauds and Scams)

1) The face value or par value of a debt instrument that is separate from interest. 2) A person's capital, or the amount invested. 3) An employee of a securities firm who has supervisory responsibilities.


Principal (Fundraising)

(1) The dollar value of an asset. When used in relation to an endowment, it means the sum of the dollar values of all gifts to the endowment using the dollar value of each gift on the day the gift was completed.


Principal (Home Equity)

The amount of debt, not counting interest, left on a loan.


Principal (Housing)

The amount borrowed from a lender; doesn't include interest or additional fees.


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Principal (International Economics)

1. The initial amount of a loan, thus not including interest.
2. The person or other entity on whose behalf an agent acts, in the Principal Agent Theory.


Principal (Java)

The identity assigned to an entity as a result of authentication.


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Principal (Legal Ethics)

A principal in an engineering firm (or other company) is a co-owner, that is, a partner or stock holder.


Principal (Mortgage)


The portion of the monthly payment that is used to reduce the loan balance. See Amortization.


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Principal (Purchasing A Home)

The amount borrowed prior to any principal repayment or current unpaid balance, exclusive of accrued interest, remaining on the loan; also that portion of a monthly mortgage payment which reduces the outstanding balance of a mortgage.


Principal (Real Estate)

1) The outstanding balance of a loan. 2) A party to a real estate transaction. 3) The head of a real estate firm.


Principal (Real Estate Appraisal)

(1) A sum of money owed as a debt on which interest is payable. (2) A person who empowers another to act as his representative or agent. (3) The person having prime responsibility for an obligation as distinguished from one who acts as a surety or endorser.


Principal (Refinance)

The amount of debt, not counting interest, left on a loan.


Principal (Securities)

1) In a loan, the amount of the loan, not including interest; 2) in a brokerage firm, a person in an ownership and/or supervisory capacity; and 3) in a trade, a firm acting as dealer.


Principal (Tax)

The capital portion of a loan as opposed to interest.


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